Netflix experienced some membership turbulence in 2016 as a price increase was phased in for its US subscribers. In May 2014, Netflix announced that the price of its standard subscription service would increase from $8 to $9. However, established customers were allowed to stay at the $7.99 price for two years. In 2015, Netflix increased the standard price to $9.99. As a result of the pricing plan and the deferred price increase, in May, 2016, the standard pricing plan for long time customers of Netflix increased from $7.99 per month to $9.99 per month. Netflix began notifying customers in April that the price increase would become effective in the second quarter.
Netflix was trying to implement price increases more slowly after a 2011 increase led to negative publicity and a customer backlash. In that case, Netflix separated its streaming and DVD services, and charged separately for both services.
However, regardless of the implementation of the price increase, the higher monthly prices seem to have impacted the growth of membership among US subscribers. In the two quarters before the price increase, Netflix added net membership of 1.6 million and 2.2 million members. By contrast, the number of members added in Q2 was only 160,000, and in Q3 only 400,000. The Q2 growth in US subscribers was the lowest since Netflix began reporting those numbers in 2012.
|
US Streaming (millions) |
Q2 2015 |
Q3 2015 |
Q4 2015 |
Q1 2016 |
Q2 2016 |
Q3 2016 |
|
Revenue |
1026 |
1064 |
1106 |
1161 |
1208 |
1304 |
|
Contribution Profit |
340 |
344 |
379 |
413 |
414 |
475 |
|
Contribution Margin |
33.1% |
32.3% |
34.3% |
35.6% |
34.3% |
36.4% |
|
Paid Memberships |
41.1 |
42.1 |
43.4 |
45.7 |
46.0 |
46.5 |
|
Total Memberships |
42.3 |
43.2 |
44.7 |
47.0 |
47.1 |
47.5 |
|
Net Additions |
0.90 |
0.88 |
1.56 |
2.23 |
0.16 |
0.40 |
|
Monthly Revenue per Paid Member |
$ 8.33 |
$ 8.43 |
$ 8.49 |
$ 8.47 |
$ 8.75 |
$ 9.40 |
|
Percentage Chg. Rev |
3.7% |
3.9% |
5.0% |
4.0% |
7.9% |
|
|
Percentage Chg. Memberships |
2.5% |
3.2% |
5.3% |
0.6% |
0.9% |
|
|
Source: Netflix 10Q Q3, 2016 |
||||||
1) In 2016 Netflix allowed its prices to increase for U.S. subscribers. Using the data on monthly revenue per paid member in the quarter before the price increase and at the end of the third quarter in 2016, calculate the percentage change. We will use it as a proxy for the percentage change in price.
2) Determine the average membership growth (net additions) before the price increase.
3) Using the projections in the previous question, assuming the growth rate would have stayed the same, how many subscribers Netflix may have expected to add in the 2nd and 3rd quarters of 2016 if it didn't allow the price to increase? How many subscribers did Netflix actually add in the 2nd and 3rd quarters of 2016? Comparting the two numbers how many subscribers were gained/lost due to price increase? What percentage change does it represent relative to the subscribership level in the quarter before the price change (use Total Memberships)?
4) Using the percentage changes in the price and subsriberships calculated in the previous questions, determine the own price elasticity of demand.
5) What do we expect to happen to Netflix's revenue due to the price increase?
In: Economics
Tesla 2016 10-K
Required: Answer the following questions based on your examination of the Tesla, Inc. 2016 10-K Note that some questions pertain to fiscal year 2016 and others pertain to fiscal year 2015; please carefully read each question
( Tesla, Inc. 2016 10-K ) is available on the internet. Sorry that It cannot be uploaded because it is more than 100 pages.
http://ir.tesla.com/secfiling.cfm?filingid=1564590-17-3118&cik=1318605
7. What is the December 31, 2016 balance (in thousands) of Property, Plant, and Equipment, net, for Tesla, Inc.? a. $6,980,442
b. $3,134,080
c. $5,982,957
d. $3,403,334
8. What is the December 31, 2016 balance (in thousands) of Property, Plant, and Equipment, gross, for Tesla, Inc.? a. $5,982,947
b. $997,485
c. $2,154,367
d. $6,980,442
9. What is the December 31, 2016 balance (in thousands) of Land and buildings for Tesla, Inc.? a. $1,079,452
b. $194,465
c. $2,154,367
d. $6,980,442
10. How much interest expense related to self-constructed assets (construction in progress) did Tesla capitalize for the year ended December 31, 2016?
a. $41.5 million
b. $46.7 million
c. $198.8 million
d. $118.9 million
11. How much interest expense (rounded) would Tesla have reported in 2016 if they had not capitalized any interest related to self-constructed assets (construction in progress)?
a. $245.5 million
b. $198.8 million
c. $240.3 million
d. $118.9 million
12. Which depreciation method does Tesla use for its Property, plant, and equipment? a. Straight-line method
b. SYD method
c. DDB method
d. Activity Based method
13. Tesla, Inc. uses an estimated useful life for building and building improvements of… a. 3 to 10 years
b. 20 to 30 years
c. 2 to 12 years
d. the shorter of their economic or legal useful life
14. When should PP&E be measured for impairment using the Recoverability test? a. Quarterly
b. Semi-annually
c. Annually
d. When circumstances change indicating a carrying amount may not be recoverable e. None of the above
15. To perform a Recoverability test for PP&E, the asset’s carrying amount is compared to…
a. The sum of the expected future net cash flows (discounted) from the use of that asset and its disposition
b. The sum of the expected future net cash flows (undiscounted) from the use of that asset and its disposition
c. The asset’s original historical cost
d. The asset’s fair market value
16. If the Recoverability test indicates an impairment, the loss for an asset held for use is the amount by which the carrying amount of the asset exceeds…
a. The book value of the asset
b. The historical cost of the asset
c. The sum of the expected future cash flows (undiscounted) from the use of the asset and its disposition d. The fair value of the asset
17. Is restoration of an impairment loss for PP&E allowed for an asset held for use? a. Yes
b. No
18. Is restoration of an impairment loss for PP&E allowed for an asset held for disposal? a. Yes
b. No
19. Did Tesla recognize a material impairment charge for long-lived assets in fiscal year 2016? a. Yes
b. No
In: Accounting
1. List THREE communication techniques with children.
2. Name FOUR habits to explore during health interview.
3. List FOUR clinical manifestations of failure to thrive.
4. List FOUR guidelines for assessing toilet training readiness.
5. What are the warning signs of Abuse. Name FOUR warning signs.
6. Name THREE characteristics of attention deficit hyperactivity disorder.
7. List FOUR recommended behaviors for preventing obesity.
8. Name TWO guidelines for assessing coping behaviors and give TWO examples of each coping behavior.
9. List TWO clinical manifestations of hearing impairment in Infants and TWO in Children.
10. Name FOUR bill of rights for children and teens in the hospital.
In: Nursing
Usernames Worksheet
11. Kids R Us Child Care Centers is creating an online parent
portal that parents will access with a username and password.
Use a formula to create a username for each parent based on
the following rules:
• Lowercase first letter of first name.
• Digit five of ID.
• Uppercase first four letters of last name.
• Last digit of phone number.
• Number of characters in first name.
| Parent ID | Parent Last Name | Parent First Name | Parent Phone | Parent Username |
| 100000 | Ewing | Levi | (550) 726-7424 | |
| 100001 | Gillespie | Vera | (263) 579-3567 | |
| 100002 | Mccall | Astra | (897) 263-3526 | |
| 100003 | Woodward | Constance | (845) 953-5717 |
In: Computer Science
Suppose we have a Java class called Person.java
public class Person
{
private String name;
private int age;
public Person(String name, int age)
{
this.name = name;
this.age = age;
}
public String getName(){return name;}
public int getAge(){return age;}
}
(a) In the following main method which lines contain reflection calls?
import java.lang.reflect.Field;
public class TestPerson
{
public static void main(String args[]) throws Exception
{ Person person = new Person("Peter", 20);
Field field = person.getClass().getDeclaredField("name"); field.setAccessible(true);
field.set(person, "Paul");
}
} (
b) Describe what the reflection commands in (a) above do and why it might be a concern to object-oriented programming purists.
In: Computer Science
Consider the following class:
class Person
{
String name;
int age;
Person(String name, int age){
this.name = name;
this.age = age;
}
}
My name is: Ahmed
My age is: 35
My salary is: 8000
My name is: Khalid
My age is: 12
My grade is: 6
In: Computer Science
In PYTHON OF JUPIDER NOTEBOOK
Write a program that prompts the user to enter his/her
nationality (French/french, Italian/italian, or Spanish/spanish).
Then ask his/her name using a prompt message in his/her own
language (use Google Translate if you need). After getting the
name, again greet him/her using a greeting message in his/her own
language.
If the user is not from any of the above nationalities just use
English to prompt for name and to greet the user.
Example 1:
Nationality? french
quel est votre nom? Patrick
Bonjour Patrick , mon nom est Python!
Example 2:
Nationality? Canadian
What is your name? Alex
Hello Alex , my name is Python!
In: Computer Science
using python3
Write a Python program that lets a user search through the 'data.txt' file for a given first name, last name, or email address, and print all the matches/results.
Test your program.
In: Computer Science
(C++) You are given a file consisting of students’ names in the following form: lastName, firstName middleName. (Note that a student may not have a middle name.)
Write a program that converts each name to the following form: firstName middleName lastName. Your program must read each student’s entire name in a variable and must consist of a function that takes as input a string, consists of a student’s name, and returns the string consisting of the altered name. Use the string function find to find the index of ,; the function length to find the length of the string; and the function substr to extract the firstName, middleName, and lastName.
Here are the names:
Miller, Jason Brian
Blair, Lisa Maria
Gupta, Anil Kumar
Arora, Sumit Sahil
Saleh, Rhonda Beth
Spilner, Brody
In: Computer Science
#promt the user to enter student name for i in range(0, 3): print ("Enter student's first and last name") #variable for name name = input() #prompt the user to enter number of book purchased print ("Enter the number of book the student purchased this month") #varibale for number of book book_number = input() book_number = int (book_number) #point = int (point) if (book_number <=0): points = 0 elif (book_number <=3): points = 5 elif (book_number <=6): points = 10 elif (book_number <=8): points = 15 elif (book_number ==9): points = 20 else : points = 25 print (name , "earned" ,points)
this is my python code but it is not printing all the names and points, just printing the last one.
In: Computer Science